EGH Acquisition Correlations

EGHA Stock

10.12 0.01 0.1%

The current 90-days correlation between EGH Acquisition Corp and FIGX Capital Acquisition is 0.16 (i.e., Average diversification). The correlation of EGH Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

EGH Acquisition Correlation With Market

Average diversification

The correlation between EGH Acquisition Corp and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EGH Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with EGH Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EGH Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with EGH Stock

0.8	DMAA	Drugs Made In	Pair Corr
0.74	VACH	Voyager Acquisition Corp	Pair Corr
0.88	DRDB	Roman DBDR Acquisition	Pair Corr
0.79	DTSQ	DT Cloud Star	Pair Corr
0.86	VNME	Vendome Acquisition	Pair Corr
0.74	EVAC	EQV Ventures Acquisition	Pair Corr
0.76	FIGX	FIGX Capital Acquisition	Pair Corr
0.81	AAM	AA Mission Acquisition	Pair Corr
0.8	ALF	Centurion Acquisition	Pair Corr
0.84	CUB	Lionheart Holdings	Pair Corr
0.83	FTW	EQV Ventures Acquisition Symbol Change	Pair Corr
0.79	RAC	Rithm Acquisition Corp	Pair Corr
0.81	GRAF	Graf Global Corp	Pair Corr
0.84	GSHR	Gesher Acquisition Corp	Pair Corr
0.64	HSPT	Horizon Space Acquisition	Pair Corr
0.86	INAC	Indigo Acquisition Corp	Pair Corr
0.74	IPOD	Dune Acquisition	Pair Corr
0.78	LOKV	Live Oak Acquisition	Pair Corr

Moving against EGH Stock

0.68	ETHM	Dynamix Symbol Change	Pair Corr
0.46	BRR	Columbus Circle Capital Symbol Change	Pair Corr
0.33	WLAC	Willow Lane Acquisition	Pair Corr
0.87	MCGA	MCGA Symbol Change	Pair Corr
0.81	LPRO	Open Lending Corp	Pair Corr
0.78	XRPN	Armada Acquisition Corp Symbol Change	Pair Corr
0.62	MQG	Macquarie Group	Pair Corr

Related Correlations Analysis

	FIGX	GCL	DNMXU	WLAC	TAVI	INAC	IBAC	IPOD
FIGX		-0.69	0.69	-0.5	0.65	0.71	-0.46	0.76	FIGX
GCL	-0.69		-0.31	0.45	-0.8	-0.81	0.57	-0.79	GCL
DNMXU	0.69	-0.31		-0.2	0.43	0.42	-0.37	0.44	DNMXU
WLAC	-0.5	0.45	-0.2		-0.22	-0.32	0.02	-0.46	WLAC
TAVI	0.65	-0.8	0.43	-0.22		0.83	-0.65	0.6	TAVI
INAC	0.71	-0.81	0.42	-0.32	0.83		-0.58	0.71	INAC
IBAC	-0.46	0.57	-0.37	0.02	-0.65	-0.58		-0.44	IBAC
IPOD	0.76	-0.79	0.44	-0.46	0.6	0.71	-0.44		IPOD
	FIGX	GCL	DNMXU	WLAC	TAVI	INAC	IBAC	IPOD

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

INAC	+ 0.83	TAVI
IPOD	+ 0.76	FIGX
INAC	+ 0.71	FIGX
IPOD	+ 0.71	INAC
DNMXU	+ 0.69	FIGX
TAVI	+ 0.65	FIGX

High negative correlations

INAC	- 0.81	GCL
TAVI	- 0.8	GCL
IPOD	- 0.79	GCL
GCL	- 0.69	FIGX
IBAC	- 0.65	TAVI
IBAC	- 0.58	INAC

Risk-Adjusted Indicators

There is a big difference between EGH Stock performing well and EGH Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze EGH Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FIGX	0.08	0.00	(0.28)	0.06	0.05	(0.24)	0.20	(0.30)	1.59
GCL	4.11	(1.31)	0.00	(0.71)	0.00	0.00	7.96	(8.89)	26.93
DNMXU	0.11	(0.03)	0.00	(0.67)	0.00	0.00	0.30	(0.30)	0.89
WLAC	2.17	0.00	0.00	0.07	2.61	(2.39)	4.66	(4.81)	11.20
TAVI	0.09	0.00	(0.16)	0.23	0.03	(0.24)	0.29	(0.29)	1.06
INAC	0.09	0.00	(0.29)	(0.06)	0.00	(0.20)	0.20	(0.20)	1.00
IBAC	0.13	(0.04)	0.00	(0.57)	0.00	0.00	0.38	(0.47)	0.96
IPOD	0.09	0.01	(0.23)	(0.28)	0.00	(0.19)	0.29	(0.29)	0.89

EGH Acquisition Corporate Executives

Elected by the shareholders, the EGH Acquisition's board of directors comprises two types of representatives: EGH Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EGH. The board's role is to monitor EGH Acquisition's management team and ensure that shareholders' interests are well served. EGH Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EGH Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.

Vincent Cubbage

Executive CFO

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